Minister Dorsett on Bahamas Petroleum Legislation
Announces new Petroleum Act and associated regulations completed
The Commonwealth of The Bahamas, notes the announcement by the Minister of the Environment and Housing that a new Petroleum Act and a suite of regulations to guide and govern oil exploration in The Bahamas has been completed and is now to be placed before the House.
The Government details that it is committed to introducing the legislative package, which contains regulations that will address permitting, technical, environmental and operational activities for the petroleum industry in country, as soon as Parliament reconvenes after a brief recess.
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